Storage network hardware maker Gadzoox has replaced two more high-level
executives in the wake of financial problems and the arrival of a new chief
Clark Foy has taken over as vice president of marketing, replacing Dave
the company said. JoAnn Rogers has been named vice president of human
resources, replacing the former director of human resources, Cynthia Jordan.
The moves come amid turmoil at
On Monday, the company was forced to restate earnings because of an
change resulting from an unnamed "affiliated shareholder" who
Gadzoox stock during a particular time. The trade required Gadzoox to change
the accounting method by which it acquired another firm, SmartSAN.
On Tuesday, Gadzoox named Michael Parides president and chief executive,
replacing Bill Sickler, who resigned. Parides previously was group vice
president of the storage, computer systems, software and document management
group at Gartner's Dataquest division.
Foy was vice president of marketing for hard disk maker Quantum's high-end
Rogers previously worked at Network Computing Devices.
Gadzoox is based in San Jose, Calif., and makes routers, switches, hubs and
other products for storage area networks, centralized high-speed storage
systems that are most popular at large corporations. The company currently has 234
employees and is hiring more, spokeswoman Terri Hamilton said.